Don’t miss the latest developments in business and finance.

Adani Power to acquire DB Power

Image
Capital Market
Last Updated : Oct 31 2022 | 5:04 PM IST
Adani Power has agreed to acquire DB Power, which owns and operates a running 2x600 MW thermal power plant at District Janjgir Champa in Chhattisgarh.

DB Power has long and medium-term Power Purchase Agreements for 923.5 MW of its capacity, backed by Fuel Supply Agreements with Coal India, and has been operating its facilities profitably.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Oct 31 2022 | 4:30 PM IST

Next Story